Madagascar Minimum Wage Rate 2018
Madagascar has a government-mandated minimum wage, and no worker in Madagascar can be paid less then this mandatory minimum rate of pay. Employers in Madagascar who fail to pay the Minimum Wage may be subject to punishment by Madagascar's government.
What is the Madagascar Minimum Wage?
Madagascar's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
Madagascar's minimum wage is 133,013.40 Malagasy ariary per month or 767.40 ariary per hour for non-agricultural workers; 134,920.00 ariary per month,674.60 ariary per hour for agricultural workers. Madagascar's minimum wage was last changed in 1-Jan-2015.
How does Madagascar's minimum wage compare to the minimum wage in other countries?
Madagascar's yearly minimum wage is $981.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 102 countries with a higher Minimum Wage then Madagascar, and Madagascar is in the bottom percent of all countries based on the yearly minimum wage rate.
Facts and statistics about Madagascar
Madagascar is a country located in the Eastern Africa region with a population of 15,942,000 and an average life span of 55.0 years.
|Gross National Product||$3,750.00|
|Government Type||Federal Republic|
|Current Leader||Didier Ratsiraka|
|Continent & Region||Africa, Eastern Africa|
|Surface Area||587,041 square kilometers|
|ISO 3166 Country Code||MG|
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